secwatch.observer — SEC 8-K summary
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Issuer:     GRAN TIERRA ENERGY INC. (GTE)
CIK:        0001273441
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001273441-26-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gran Tierra posts 2025 net loss of $193M; production up 32% on Ecuador & Canada
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- Net loss of $193.1M ($5.45/share) vs net income of $3.2M in 2024; includes $136.3M non-cash impairment.
- Adjusted EBITDA fell 23% to $283.7M; operating netback down 37% to $20.18/boe on lower Brent prices.
- Production averaged 45,709 BOEPD (+32% YoY) driven by Ecuador ramp-up and full-year Canadian operations.
- Completed bond exchange with 88% participation: $629M notes exchanged for $504M new notes due 2031, net debt pro forma ~$533M.
- Entered Azerbaijan EDPSA with SOCAR (65% WI); 5-year exploration phase requiring 2 wells and 3D seismic.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1273441/000127344126000007/0001273441-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1273441/000127344126000007/gte-20260303.htm
  HTML page:      https://secwatch.observer/filing/0001273441-26-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer